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by d4rt 5891 days ago
With regards to the Dutch Auction it may not have captured the maximum value for Google, but did it capture more than the alternative?

According to http://www.businessweek.com/1999/99_47/b3656143.htm the average IPO gained 14.1%, which would suggest they did leave money on the table, although I'd question if Google's IPO would be described as average. By comparison Akamai gained some 458% in it's first day of trading.